Sector Update: Tech Stocks Fall Late Afternoon

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Sector Update: Tech Stocks Fall Late Afternoon MT Newswires Thu, July 16, 2026 at 3:46 PM EDT 1 min read GOOG XLK TSM AAPL META Tech stocks were lower late Thursday afternoon, with the State Street Technology Select Sector SPDR

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Tech stocks declined in the afternoon. The tech stock index fell 1 minute at 3:46PM EDT.

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The decline of tech stocks is attributed to several reasons. However, the development of AI technology is expected to have a positive impact on the tech stock market. On the other hand, the growth of the electric vehicle industry is expected to have a negative impact on the tech stock market.

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